Thank you to Arseblogger and his minions for posting this on Arseblog news today: a transcript of an interview that Ivan Gazidis gave with Fox Soccer Channel yesterday.
I watched the interview, and attempted to live-tweet it, because I found what Ivan said revealing. If I was going to sum-up his comments, I would use a term that Michael Lewis (of 'Moneyball' fame) recently employed in his book about the small group of people who correctly predicted the collapse of the Mortgage-Backed Securities (MBS) market in 2008: 'The Big Short'.

There are defining moments when a spotlight is shone into a world and all of a sudden everything is seen in brutal daylight....like the lights going up in the nightclub so everyone can see who it is they've been dancing with then trudge bleary eyed to the exit shaking their heads. Northern Rock and Lehman Brothers brought the suicidally greedy, debt-addicted bankers to their senses, the MPs expenses scandal presented us with a scandal that was beyond parody as we saw how the noses were in the troughs.